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    Galles Properties

    414 Pagosa Street, Pagosa Springs, CO 81147
    (970) 264-1250
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    For Sale (63)

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    Pagosa Springs Land For Sale
    $1,175,000
    119.88 Acres

    Pagosa Springs Land For Sale

    Large acreage land parcel available in Pagosa Springs, Colorado.

    1030D County Road 139, Pagosa Springs, CO 81147
    View details
    Land For Sale, Pagosa Springs
    $69,000
    0.22 Acres

    Land For Sale, Pagosa Springs

    Commercial land available in Pagosa Springs, Colorado.

    51 Trap Ct, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $89,000
    0.25 Acres

    Land in Pagosa Springs, CO

    Commercial land for sale in Pagosa Springs, Colorado.

    652 Handicap Ave, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $150,000
    0.20 Acres

    Land in Pagosa Springs, CO

    Commercial land for sale in Pagosa Springs, Colorado.

    902 Rosita St, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $120,000
    3.00 Acres

    Land in Pagosa Springs, CO

    3-acre commercial land for sale in Pagosa Springs, Colorado.

    362 Ct Mary's, Pagosa Springs, CO 81128
    View details
    Pagosa Springs Commercial Opportunity
    $2,350,000
    7,298 SF

    Pagosa Springs Commercial Opportunity

    Commercial property for sale in Pagosa Springs, Colorado.

    11044 Highway 84, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $55,000
    0.32 Acres

    Land in Pagosa Springs, CO

    0.32 acre commercial land for sale in Pagosa Springs.

    79 E Golf Pl, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $49,500
    1.11 Acres

    Land in Pagosa Springs, CO

    1.11 acre commercial land for sale in Pagosa Springs.

    1286 Crooked Rd, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $49,500
    0.10 Acres

    Land in Pagosa Springs, CO

    Commercial land for sale in Pagosa Springs, Colorado.

    9 Little Pine Ln, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $950,000
    5.00 Acres

    Land in Pagosa Springs, CO

    5-acre commercial land for sale in Pagosa Springs, Colorado.

    Highway 160 W, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $500,000
    4.43 Acres

    Land in Pagosa Springs, CO

    4.43 acres of commercial land for sale.

    478 Bonanza Ave, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Commercial Opportunity
    $650,000
    3,150 SF

    Pagosa Springs Commercial Opportunity

    Retail space available in Pagosa Springs, Colorado.

    163 Gold Mine Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $65,000
    1.30 Acres

    Land in Pagosa Springs, CO

    1.3 acre commercial land for sale in Pagosa Springs.

    523 Oakridge Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $59,000
    0.23 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    28 Divot Pl, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $145,000
    3.00 Acres

    Land in Pagosa Springs, CO

    3-acre land parcel in Pagosa Springs, Colorado.

    388 Echo Dr, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $299,000
    4.06 Acres

    Land in Pagosa Springs, CO

    4.06 acre commercial land for sale in Pagosa Springs.

    69 Evening Rain, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $249,000
    2.06 Acres

    Land in Pagosa Springs, CO

    2.06 acre commercial land for sale in Pagosa Springs.

    243 Vista San Juan, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $299,000
    1.04 Acres

    Land in Pagosa Springs, CO

    1.04 acre commercial land for sale in Pagosa Springs.

    Cornerstone Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $250,000
    3.86 Acres

    Land in Pagosa Springs, CO

    3.859 acre commercial land for sale in Pagosa Springs.

    322 Harman Park Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $57,800
    0.38 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    700 Clint Cir, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $55,000
    0.57 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    748 Trails Blvd, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $145,000
    3.00 Acres

    Land in Pagosa Springs, CO

    3-acre commercial land for sale in Pagosa Springs, CO.

    310 Echo Dr, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $199,900
    2.16 Acres

    Land in Pagosa Springs, CO

    2.16 acres of commercial land for sale.

    84 Vista San Juan, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $195,000
    0.82 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    555 Bastille Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $1,295,000
    102.94 Acres

    Land in Pagosa Springs, CO

    Large land parcel available in Pagosa Springs, Colorado.

    73 W Us Hwy 160, Pagosa Springs, CO 81147
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    Land For Sale, Pagosa Springs
    $59,000
    0.36 Acres

    Land For Sale, Pagosa Springs

    Commercial land available in Pagosa Springs, Colorado.

    8 Caballero Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $39,000
    0.17 Acres

    Land in Pagosa Springs, CO

    Commercial land available for sale in Pagosa Springs, Colorado.

    36 Sam Houston Ave, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $55,000
    0.30 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    1305 Trails Blvd, Pagosa Springs, CO 81147
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    Pagosa Springs Land For Sale
    $1,445,000
    154.97 Acres

    Pagosa Springs Land For Sale

    Large land parcel available in Pagosa Springs, Colorado.

    775 Banded Peaks Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $395,000
    5.11 Acres

    Land in Pagosa Springs, CO

    5.11 acre commercial land for sale in Pagosa Springs.

    201 Pineview Rd, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $89,000
    3.74 Acres

    Land in Pagosa Springs, CO

    3.74 acres of commercial land for sale.

    244 Ute Dr, Pagosa Springs, CO 81147
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    Land in Pagosa Springs, CO
    $145,000
    5.06 Acres

    Land in Pagosa Springs, CO

    5.059 acre commercial land for sale in Pagosa Springs.

    1146 Harvard Ave, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    Contact for pricing
    0.14 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    37 Arroyo Ct, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $50,000
    2.43 Acres

    Land in Pagosa Springs, CO

    2.43 acre commercial land for sale in Pagosa Springs.

    1260 Crooked Rd, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $40,000
    0.22 Acres

    Land in Pagosa Springs, CO

    Commercial land for sale in Pagosa Springs, Colorado.

    106 Granada Dr, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Land For Sale
    $495,000
    35.08 Acres

    Pagosa Springs Land For Sale

    35.08 acres of land in Pagosa Springs, Colorado.

    1800 Needles Vw Pl, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $49,500
    2.19 Acres

    Land in Pagosa Springs, CO

    2.19-acre commercial land for sale in Pagosa Springs, Colorado.

    1222 Crooked Rd, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $200,000
    1.37 Acres

    Land in Pagosa Springs, CO

    1.37 acre commercial land for sale in Pagosa Springs.

    1520 Antelope Ave, Pagosa Springs, CO 81147
    View details
    Land For Sale, Pagosa Springs
    $154,000
    0.17 Acres

    Land For Sale, Pagosa Springs

    Land available in Pagosa Springs, Colorado.

    832 Rosita St, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $1,650,000
    35.53 Acres

    Land in Pagosa Springs, CO

    35.53 acres of land for sale in Pagosa Springs.

    Rumbaugh Rd, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $189,000
    35.11 Acres

    Land in Pagosa Springs, CO

    35.11 acres of land for sale in Pagosa Springs.

    3367 Ranchland Dr, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $239,000
    3.53 Acres

    Land in Pagosa Springs, CO

    3.529 acres of commercial land for sale.

    136 Vista San Juan, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    Contact for pricing
    0.26 Acres

    Land in Pagosa Springs, CO

    Land for sale in Pagosa Springs, Colorado.

    1572 Hills Cir, Pagosa Springs, CO 81147
    View details
    Waterfront Lot with Mountain Views
    $189,000
    0.20 Acres

    Waterfront Lot with Mountain Views

    Build your dream waterfront home in Pagosa Springs, Colorado.

    175 Pebble Cir, Pagosa Springs, CO 81147
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    Land For Sale, Pagosa Springs
    $159,000
    3.00 Acres

    Land For Sale, Pagosa Springs

    3-acre commercial land available in Pagosa Springs, Colorado.

    558 Henry's Lk Dr, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $1,575,000
    51.41 Acres

    Land in Pagosa Springs, CO

    51.41 acres of land for sale in Colorado.

    Cr 200, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $33,000
    1.12 Acres

    Land in Pagosa Springs, CO

    1.12 acre commercial land for sale in Pagosa Springs.

    160 Far Vw, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Land For Sale
    $14,950,000
    344.60 Acres

    Pagosa Springs Land For Sale

    344.6 acres of land in Pagosa Springs, Colorado.

    1001 County Road, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $49,500
    3.53 Acres

    Land in Pagosa Springs, CO

    3.53 acre commercial land for sale in Pagosa Springs.

    290 Wits End Pl, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $53,000
    1.80 Acres

    Land in Pagosa Springs, CO

    1.8-acre commercial land for sale in Pagosa Springs, Colorado.

    252 Starlight Pl, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $1,650,000
    35.84 Acres

    Land in Pagosa Springs, CO

    Land for sale in Pagosa Springs, Colorado.

    Rumbaugh Rd, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    Contact for pricing
    0.32 Acres

    Land in Pagosa Springs, CO

    Land available for sale in Pagosa Springs, Colorado.

    129 Snow Cir, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $149,000
    0.29 Acres

    Land in Pagosa Springs, CO

    Commercial land available in Pagosa Springs, Colorado.

    15 Pl, Pagosa Springs, CO 81147
    View details
    Land For Sale Pagosa Springs
    $1,500,000
    20.00 Acres

    Land For Sale Pagosa Springs

    20 acre land parcel available in Pagosa Springs, Colorado.

    425 And X Lakeside Dr, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Land For Sale
    $175,900
    35.63 Acres

    Pagosa Springs Land For Sale

    35.63 acres of land available in Pagosa Springs, Colorado.

    2241 S Rock Cliff Cir, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $125,000
    6.97 Acres

    Land in Pagosa Springs, CO

    6.966 acres of commercial land for sale.

    64 Bradley Pl, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $300,000
    0.37 Acres

    Land in Pagosa Springs, CO

    Land for sale in Pagosa Springs, Colorado.

    842 Rosita St, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $89,000
    0.34 Acres

    Land in Pagosa Springs, CO

    Commercial land for sale in Pagosa Springs, Colorado.

    39 W Nebo Ct, Pagosa Springs, CO 81147
    View details
    Land For Sale, Pagosa Springs
    $135,000
    3.00 Acres

    Land For Sale, Pagosa Springs

    3-acre commercial land in Pagosa Springs, Colorado.

    1121 Roush Dr, Pagosa Springs, CO 81147
    View details
    Land in Pagosa Springs, CO
    $70,000
    0.25 Acres

    Land in Pagosa Springs, CO

    Commercial land available for sale in Pagosa Springs, Colorado.

    51 Diamond Ct, Pagosa Springs, CO 81147
    View details
    Mixed-Use Lots in Pagosa Springs
    $300,000

    Mixed-Use Lots in Pagosa Springs

    Prime lots with highway visibility, suitable for various business ventures.

    842 Rosita St, Pagosa Springs, CO 81147
    View details
    Commercial Parcel Ready For Development
    $199,000

    Commercial Parcel Ready For Development

    0.82-acre commercial parcel with completed dirt work and two access points.

    555 Bastille Dr, Pagosa Springs, CO 81147
    View details
    Pagosa Springs 35-Acre Land
    $189,000

    Pagosa Springs 35-Acre Land

    35-acre property with mountain views and National Forest access.

    3367 Ranchland Dr, Pagosa Springs, CO 81147
    View details

    Leases and Sales on Map

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    Galles Properties
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Galles Properties
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